meaning of Dissolution of firm?
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On dissolution of the firm, the business of the firm ceases to exist since its affairs are would up by selling the assets and by paying the liabilities and discharging the claims of the partners. The dissolution of partnership among all partners of a firm is called dissolution of the firm.
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on dissolution of the firm the business of the firm ceases to exist since its affairs are would up by selling the assests and by paying the liabilities and discharging the claims of the partners .The dissolution of partnership among all partners of a firm is called dissolution of the firm.
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